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Dec 6, 2012
12/12
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you had a gentleman on the other day talking about the fiscal cliff situation. he seemed very well qualified to discuss the subject and answer questions. there is one thing that people do not seem to understand about deficits
you had a gentleman on the other day talking about the fiscal cliff situation. he seemed very well qualified to discuss the subject and answer questions. there is one thing that people do not seem to understand about deficits
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Dec 10, 2012
12/12
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host: we are continuing our series, looking at different parts of the fiscal cliff talks. joining us now is robert levenson, a senior defense analyst at bloomberg government. let's begin with what secret -- with what sequestration means. caller -- guest: it is a funny term. if you have looked it up on google 20 months ago, it would have something to do with coal and carbon, but this is about automatic cuts going into place known as sequestration. host: how did this come about? where is it headed? caller: as we recall from last year, there was a crisis over raising the debt ceiling. republicans demanded some cuts from congress. they agreed to $1 trillion in cuts, they handed over $1.50 trillion to the super committee. because they failed to come up with a deal that could be approved by congress and the president, those automatic cuts go into effect, $1.20 trillion over 10 years. the first cut will go into effect on january 2 of 2013. host: how are the defense sequestration cuts being applied? are we sure? guest: we are not exactly sure, but the law says that every program a
host: we are continuing our series, looking at different parts of the fiscal cliff talks. joining us now is robert levenson, a senior defense analyst at bloomberg government. let's begin with what secret -- with what sequestration means. caller -- guest: it is a funny term. if you have looked it up on google 20 months ago, it would have something to do with coal and carbon, but this is about automatic cuts going into place known as sequestration. host: how did this come about? where is it...
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115
Dec 12, 2012
12/12
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not talking about the fiscal cliff but about jobs. this is what you don't hear on any of the major media, especially fox. just the fiscal cliff all day long. and don't raise taxes on the wealthy or corporations. the corporations in this country are sitting on record profits this year and are not creating jobs. in the last segment before the congressman, there were talking about what would you be willing to give up. i would be willing to give up just about anything as long as everybody else gave up the same. some of these bankers, they should end up behind bars. they are criminals. it is wrong. that's about all i have to say. guest: it is always insightful to remember how we got here. when people talk about the fiscal cliff, these are artificially manufactured legislative problems. what do i mean? this started with a whole debate of the debt ceiling. you may recall that in the summer of 2011, we nearly went over the fiscal cliff by not paying our debts. that caused our bonds to be downgraded because we had an element within the republi
not talking about the fiscal cliff but about jobs. this is what you don't hear on any of the major media, especially fox. just the fiscal cliff all day long. and don't raise taxes on the wealthy or corporations. the corporations in this country are sitting on record profits this year and are not creating jobs. in the last segment before the congressman, there were talking about what would you be willing to give up. i would be willing to give up just about anything as long as everybody else gave...
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126
Dec 5, 2012
12/12
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host: you are talking about the payroll tax cut, extending that possibly as part of the fiscal cliff negotiations. caller: right. it will cost them in the long run. host: because the money is coming out of social security. politicians say that will not happen. they say social security will have its money. caller: they tell you all kinds of things. host: john in atlanta, democratic caller. caller: how are you? it seems like it is open phones. i think as far as the fiscal cliff is concerned, the democrats and republicans need to come together and they need to do that rather quickly, because that's the way i feel about it. host: do you think it decides it should just agree to pass the tax cuts -- extend the tax cuts for middle-class americans and then wait until later to resume the debate over spending and tax cuts for wealthy americans? caller: they should start with that. and if they agree on that, then they can go on to the next thing. but this lagging and dragging along on both sides makes no sense. host: here is the washington post this morning. [video clip] >> i don't think the is
host: you are talking about the payroll tax cut, extending that possibly as part of the fiscal cliff negotiations. caller: right. it will cost them in the long run. host: because the money is coming out of social security. politicians say that will not happen. they say social security will have its money. caller: they tell you all kinds of things. host: john in atlanta, democratic caller. caller: how are you? it seems like it is open phones. i think as far as the fiscal cliff is concerned, the...
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99
Dec 13, 2012
12/12
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we are talking about the fiscal cliff and the january 1 deadline. if an airline is reached on entitlement spending, this discussion will continue well into 2013, perhaps even beyond. we will have more cliffs and more drama about a deal because these decisions are very hard. the discussion about changing medicare -- haven't a change in company structure -- -- hav ing a co-pay in struction -ture these ideas have been out there. host: we have about a minute left. caller: good morning. one thing that a caller was talking about was to compare the benefits and what the representatives get today and what medicare people deaget. these people are looking for cuts in benefits. the benefits go up every day. i am a health-care provider. to% of $100 is $2 -- 2% of $100 $2. guest: the amount of money they make a year increases. it is one of the things that is out there and remains a concern looking at what federal employees receive and members of congress received and are they getting a generous package? host: mary agnes carey is a senior health correspondent wit
we are talking about the fiscal cliff and the january 1 deadline. if an airline is reached on entitlement spending, this discussion will continue well into 2013, perhaps even beyond. we will have more cliffs and more drama about a deal because these decisions are very hard. the discussion about changing medicare -- haven't a change in company structure -- -- hav ing a co-pay in struction -ture these ideas have been out there. host: we have about a minute left. caller: good morning. one thing...
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112
Dec 8, 2012
12/12
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that being shaded on what is going on with decisions by the fiscal cliff. another economic news this morning, a story in the wall street journal looking at general motors. it says -- earlier this year, 675,000 vehicles a in inventory. houston, texas, this is eric. caller: i am if first-time caller. years or 22 years old. i have spent of this entire year try to educate myself a lot more on the whole -- let me get right to the point. i think it should be a state decision. the supreme court should allow the states to make the kind of a decision. giving more people -- in giving more power to the government to regulate this on a national level will create so many issues down the road, and it probably a lot of issues in the immediate -- the reason we even got to this. is because we get some much power to the government to regulate all of the different things and issues. giving them more power is just going to create more problems. my basic thought is, more government power, more issues. host: we will leave it there. victor on the republican line. caller: i do not
that being shaded on what is going on with decisions by the fiscal cliff. another economic news this morning, a story in the wall street journal looking at general motors. it says -- earlier this year, 675,000 vehicles a in inventory. houston, texas, this is eric. caller: i am if first-time caller. years or 22 years old. i have spent of this entire year try to educate myself a lot more on the whole -- let me get right to the point. i think it should be a state decision. the supreme court should...